Post Tagged with: "Korea News"

President Moon emphasizes safety, security for coast guard

President Moon Jae-in delivers the congratulatory address on the 64th anniversary of Korea Coast Guard Day, at the Port of Incheon Coast Guard Station on Sept. 13. By Yoon Sojung Photos = Cheong W …

Moon rules out nuclear weapons in South Korea: report

South Korean President Moon Jae-in ruled out the possibility of redeploying US nuclear weapons in the country Thursday, …

Seoul Unveils Promotional East Sea Video in 5 More Languages

[International] : South Korea has unveiled additional versions of a promotional video on the East Sea in five more …[more…] …

South Korea to push for liberalization of China’s services market

As China’s economic retaliation for the deployment of the THAAD missile defense system in South Korea fuels a trade dispute between the two countries, the South Korean government plans to negotiate mo.. …

Youth Unemployment Rate Hits Record-low in 18 Years

The youth unemployment rate has hit a record-high level in August since the Asian financial crisis. As for the number of net job increase, it fell to a low of 54 months. Even though the government is doing everything it can to create jobs, jobs-related figures won’t budge. According to a report “August 2017 Employment Trend” published by the National Statistical Office on September 13, the jobless ratio of those aged between 15 and 29 was 9.4 percent, up 0.1 percentage point from a year ago. … …

BMW Hopes to Regain Lead with Sleek New Model

BMW unveiled the new 6 Series GT in Korea on Wednesday. The Gran Turismo was originally part of BMW’s 5 Series of midsize cars, but the new model comes as part of the bigger 6 Series. The Bavarian automaker hopes the GT will help it to regain the lead among foreign carmakers here which it has ceded … …

Moon rules out nuclear weapons in South Korea: report

SEOUL, Sept. 14 (Yonhap) –South Korean President Moon Jae-in ruled out the possibility of redeploying U.S. nuclear weapons in the country Thursday, CNN reported. In an interview with the U.S. cable news channel, he warned it could lead to a nucle …

(EDITORIAL from Korea Times on Sept. 14)

Prosecutors vs. judges The court and the prosecution are the bastions of social justice as the pillars of the state’s legal system. The two crucial institutions are on a head-on collision, blaming each other over judges’ repeated rejection …

Fearing Russia, Sweden Holds Biggest War Games in 20 Years

Neutral Sweden has launched its biggest war games in two decades with support from NATO countries, drilling 19,000 troops after years of spending cuts that have left the country fearful of Russia’s growing military strength.On the eve of Russia’s biggest maneuvers since 2013, which NATO says will be… …

Liberty Korea Party’s panel recommends ejecting Park

Liberty Korea Party’s reform committee recommended Wednesday that the main opposition bloc request former President Park …

Jimmy Carter Urges Trump to Engage in Dialogue with N. Korea

[International] : Former U.S. President Jimmy Carter has urged President Donald Trump to engage in dialogue with …[more…] …

Moon administration stands firmly against redeployment of tactical nuclear weapons

Amid recent calls by some politicians for the redeployment of tactical nuclear weapons on the Korean Peninsula, the Blue House has repeatedly declared its opposition to the idea, noting that it “remai.. …

President Moon meets former German chancellor

Former German Chancellor Gerhard Schröder presents the Korean edition of his autobiography, ‘Entsheidungen – Mein Leben in der Politik,’ to President Moon Jae-in at Cheong Wa Dae on Sept. 12. By J …

Kumho Asiana Chairman to Sell 3 Kumho Tire Plants in China

Park Sam-koo, chairman of Kumho Asiana Group, will submit a self-rescue plan for Kumho Tire that includes the sell-off of Chinese plants to the creditors by September 12. In addition, he will sell off a 4.4-percent stake in Daewoo Engineering & Construction worth 130 billion won while asking executives to return their pays as part of the restructuring measures. An industry official familiar with the matter said on September 11, “Kumho Asiana will soon deliver to the creditors a high-inten… …

Seoul carries out missile drill targeting NK’s nuclear sites

South Korea has successfully conducted its first live-fire exercise for an advanced long-range cruise missile capable of …

‘Japan Must Show Regret and Take Conciliatory Action for Wartime Sex Slavery’

[Politics] : President Moon and former German chancellor Gerhard Schroeder on Tuesday agreed that Tokyo must show sincere regret and take conciliatory action for its military’s wartime sexual enslavement of Korean women.[more…] …

Foreigners Start Selling off Korean Stocks

Foreign investors sold huge amounts of Korea shares last month as North Korea launched several long-range missiles, ending months of keen acquisitiveness.According to the Financial Supervisory Service on Tuesday, foreign investors sold W2.42 trillion worth of Korean stocks in August (US$1=W1,130). F… …

Ruling party leader's plea for cooperation on court nominee draws pushback

SEOUL, Sept. 13 (Yonhap) — The sharp-tongued ruling party chief on Wednesday made a rare appeal to an opposition party for cooperation in the parliamentary confirmation process for the chief justice nominee, amid an unabated controversy over his polit …

N. Korea condemns sanctions, warns U.S. of 'greatest pain'

North Korea on Tuesday condemned the U.N. Security Council’s new sanctions resolution and warned the United States that …

Korea affirms solidarity against N. Korea with France, Australia

President Moon Jae-in holds a phone call on Sept. 11 with French President Emmanuel Macron and Australian Prime Minister Malcolm Turnbull, to discuss countermeasures to tackle the North Korean nuclear …